Last mentioned: Mar 7, 2026
The Trump administration has implemented a radical restructuring of the H-1B visa program, introducing a $100,000 fee for overseas sponsors and prioritizing high-wage applicants. This shift significantly disadvantages IT outsourcing firms while potentially clearing the path for Big Tech and finance firms to secure specialized talent.
Tata Consultancy Services is aggressively expanding its AI infrastructure footprint in India, entering advanced negotiations with multiple global hyperscalers following a landmark agreement with OpenAI. CEO K Krithivasan aims to bridge a projected 4-gigawatt capacity gap by 2030, signaling a strategic shift to counter declining traditional IT services revenue and a 20% year-to-date stock slump.
Tata Consultancy Services (TCS) is in advanced negotiations with several global hyperscalers to expand India's AI data center infrastructure. Following a landmark agreement with OpenAI, CEO K Krithivasan aims to bridge a projected 4-5 gigawatt capacity gap by 2030 as the company pivots its business model toward emerging technologies.